Catenaa, Saturday, October 18, 2025- Hong Kong-listed investment bank China Renaissance Holdings is in talks to raise approximately $600 million for a US-listed vehicle dedicated to holding BNB, according to Bloomberg.
The move follows the bank’s prior $100 million allocation to a BNB treasury strategy.
The proposed fundraising would see participation from YZi Labs, formerly Binance Labs, with both entities expected to commit $200 million combined.
If completed, the vehicle would join a growing trend of corporate crypto accumulation plays, modeled after bitcoin-focused firms such as DAT Strategy, which have drawn billions of dollars this year.
China Renaissance’s initial $100 million investment marked it as the first Hong Kong-based firm to explicitly include BNB in proprietary holdings.
The proposed treasury fund would formalize and scale the bank’s exposure to BNB, the token underpinning the BNB Chain ecosystem and its applications.
BNB-focused treasury strategies have surged alongside the token’s market performance. Last week, CEA Industries disclosed holdings of 480,000 BNB, with combined crypto and cash assets totaling $663 million.
The vehicle, if launched, would offer investors exposure to a professionally managed corporate treasury approach focused on BNB, joining a wave of institutions that are increasingly embracing digital asset accumulation as part of strategic balance sheets.
